Honda Motor Co., Ltd.
Announcement of New Plant Construction by American Honda Motor and Capital Expenditures for North American Bases
To respond to growing hybrid vehicle demand in the North American market, a new four-wheel vehicle production plant will be constructed in Ohio and capital investments will be made across multiple North American bases including Canada. The new plant's annual production capacity is 240,000 units, targeted to start operations in 2029. Total investment is approx. 3 billion USD. Employment creation is expected to be about 2,000 people. Globally, 15 new-generation hybrid models are planned to be launched by fiscal 2029.
Key Figures
- Annual production capacity of the new plant: 240,000 units
- Investment for the new plant: approx. 3 billion USD
- New employment: approx. 2,000 people
AI要約
Overview of the Investment Plan
Honda Motor Co., Ltd. has decided to construct a new four-wheel vehicle production plant in Ohio, USA, and to make capital investments across multiple North American bases including Canada to respond to the expanding hybrid vehicle demand in the North American market. The new plant is envisioned to have a maximum annual production capacity of 240,000 units and aims to commence operations during 2029. As a result, North America's total four-wheel vehicle production capacity will be increased from the current 1,670,000 units to 1,910,000 units.
Strategic Background and Future Outlook
This investment aims to expand production capacity for hybrid vehicles and hybrid systems, with plans to introduce larger D-segment and above hybrid vehicles from 2029 onward. Strengthening the production framework in North America is intended to enhance global competitiveness and enable rapid response to customer demand.
Honda Motor Co., Ltd.
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